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Metropolitan DC Local Politics
Reply to "Real talk about the city’s economy, federal buildings leases, and telework impacts"
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[quote=Anonymous]Anyone have insight into long term projections for the city’s economy? Telework seems here to stay. I hear the fed gov might not renew leases when they expire. Bowser grasps this and there is a push to convert office space downtown to more residential. I think that’s overly ambitious in that it’s be try expensive to convert, plus on some of these buildings not sure how easily you can like repurpose them. I hope dc isn’t fked economically like Detroit in a few years. What is going to buoy us? Telework seems likely to harshly impact the city’s coffers. We have a pretty progressive city council. What’s their tack? Raise taxes? I hear they won’t raise property taxes, but like what happens when the budget shortfalls begin? All the paid family leave and programs and stuff.[/quote]
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